What Really Happened to the Gucci Family?

The Gucci family is one of the most iconic and influential families in the fashion industry. However, their success story is not without its fair share of controversies and tragedies. In this article, we will delve into what really happened to the Gucci family.

The Rise of Gucci

Guccio Gucci founded the brand in Florence, Italy, in 1921. Initially, it was a small leather goods and luggage store. However, with Guccio’s keen eye for detail and design, the brand grew rapidly and became a symbol of luxury and elegance.

The Family Feud

In 1985, Maurizio Gucci inherited the company from his uncle Aldo Gucci. However, he soon found himself embroiled in a bitter family feud with his cousins Paolo, Aldo Jr., and Giuseppe Gucci over control of the company.

The feud intensified after Maurizio fired his cousin Paolo from his position as vice-president of the company. In retaliation, Paolo hired a hitman to kill Maurizio in 1995.

The Murder Trial

Paolo was arrested and charged with ordering the murder of his cousin Maurizio. During his trial in 1998, it was revealed that Paolo had hired hitman Benedetto Ceraulo to carry out the murder.

Paolo was ultimately found guilty of murder and sentenced to 29 years in prison. Ceraulo received a life sentence for carrying out the murder.

The Sale of Gucci

After Maurizio’s death, his ex-wife Patrizia Reggiani was convicted for hiring hitman Ceraulo to kill her husband. She served 18 years in prison before being released in 2016.

In 1999, French luxury goods conglomerate Pinault-Printemps-Redoute (now known as Kering) acquired a controlling stake in Gucci. This move was seen as a way to end the family feud and restore stability to the company.

The Legacy of Gucci

Despite the tragedies that have befallen the Gucci family, the brand has continued to thrive and remain one of the most recognizable names in fashion. Under the leadership of creative director Alessandro Michele, Gucci has experienced a resurgence in recent years with its bold and eclectic designs.

In conclusion, the Gucci family has had a tumultuous history filled with controversies and tragedies. However, their legacy lives on through their iconic brand that continues to captivate and inspire fashion enthusiasts around the world.